Prime Location Very Busy Street Cannabis Retail Dispensary Business For Sale (Salem, Oregon) #820

Great opportunity for a fully operational licensed cannabis retail dispensary business in Salem,Oregon ( Pop. +174 ). The business is in a great location, right off the freeway!!! Salem is the capital of the U.S. state of Oregon, and the county seat of Marion County. The building is 2,000 Sq Ft and the facility is in a prime location on a busy road with plenty of visibility. Close proximity to the Coos Bay Boardwalk, less than 5 minutes away. The business is utilizing both the Retail & Delivery component, the new owner just has to take over existing operations. Very Busy Street, over 11 parking spots.

Details:

• License: Cannabis Retail Storefront
• Rent: $10,932
• Lease Term: 5 Yrs
• Space: 2,000 Sq Ft
• 2022 Gross Revenues:
  • Q1:  $ 255,975 
  • Q2:  $ 297,636 
• 2022 On Pace To Gross: $1,107,222
• 2022 Net Income:
  • Q1:  $ 17,242  
  • Q2:  $ 81,812 
• 2022 On Pace To Net: $198,108

License:

• Retail Storefront: A retail license is required to service recreational patients. A dispensary or caregiver license is needed to serve medical patients. It is possible to hold both licenses by paying a “medical bump up” fee to the OLCC. However, the medical and recreational dispensaries must be separate buildings (or suites).

Looking for Funding? 

Whether it’s for a fast growth situation, a turnaround in a rising industry we can connect you with lenders. If you are looking for acquisitions, purchases and expansion these lenders could fund against a company’s revenues, accounts receivable, licenses, inventory, and real estate. By focusing on assets, instead of balance sheets and projections, the lenders could fund opportunities that banks can not. Please notify the listing agent mentioned below if you want to hear more information about this. 

Asking Price:  $800,000.00

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Scott Hite, DRE LIC OR# 201218627

Drew Mathews, DRE CA LIC# 02091143

If you have any questions call Drew (619) 653-0483 

Email: ceo@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.

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This listing is represented by a Local Broker via the Green Life Business Group National Affiliate Program.